Uniken's core product is REL-ID, an omnichannel security platform that integrates identity, strong cryptographic authentication, channel security and intelligent endpoint threat detection into a unified defense-in-depth solution. The platform is available as an SDK or white-labeled app at a cost of pennies per user and serves verticals including banking, insurance, e-commerce, retail and airlines. Originally developed for military use, REL-ID has expanded rapidly over the last two years and has secured $3.4 trillion in transactions and 2.2 billion interactions. The solution eliminates the need for passwords, challenge questions or personal identifiable information and defends against credential compromise, DNS attacks, malicious Wi‑Fi threats and SMS-based attacks such as phone porting and SIM swaps. Customers have reported zero dollars, identities or data lost while increasing customer engagement by 100–300%. Uniken has received recognition from Gartner, Forrester and One World Identity and plans to use new funding to accelerate global expansion and meet surging demand. Uniken is an Odessa, Florida–based enterprise security technology company founded in 2003 by Sanjay Deshpande, who serves as CEO and Chief Innovation Officer. It provides banks and financial institutions with REL-ID, a plug-and-play solution that secures the trusted relationships of an enterprise and enables delivery of a rich, secure digital experience to customers, partners and employees across platforms and devices. The REL-ID platform was developed at the Uniken Innovation Center. The company’s Innovation Center is based in Pune, India. In January 2014 Uniken received a venture capital investment from Nexus Venture Partners; the amount was not disclosed and Nexus partner Sandeep Singhal will join Uniken’s board.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2018